Hexagon buys Thona-becomes top European rubber compounder

By Liz White, ERJ staff
Stockholm-Hexagon Polymers has become the leading rubber compounding business in Europe through its 22 March acquisition of Belgian-based Thona Group, for an undisclosed amount.

Adding Thona’s Belgian and Czech capacity of nearly 50 kilotonnes per annum takes the Swedish-headquartered group’s capacity for custom rubber mixing to around 100 ktpa in Europe.

The purchase also lifts Hexagon’s total global capacity to about 140 ktpa, by adding 40 ktpa from two Thona plants in the US and Canada. In doing this it also fulfils Hexagon…

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